The following are the other important reasons for mergers or amalgamations: 1. Economies of scale. An amalgamation company will have more reasons at its command that the individual companies. This will help in increasing the scale of operations and the economies of large scale will be available. These economies will occur because of more intensive utilization of production facilities‚ distribution network‚ research and development facilities‚ etc. these economies will be available in horizontal
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on trains and other locations and to promote domestic and international tourism through development of budget hotels‚ special tour packages‚ information‚ commercial publicity and global reservation systems. the objective of upgrading and managing rail catering and hospitality. IRCTC Ltd. goes functional for adequately harnessing the tourism and catering potential‚ worth Rs 500 crore that exists on the Indian Railways. A Memorandum of Understanding was signed between IRCTC Ltd. and Indian Railways
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I want to serve as a Peace Corps Volunteer for the service and the adventure. I’ve held an interest in service from an early age‚ from volunteering what free time I had to accepting the responsibilities of several leadership positions. I believe it all stems from two places‚ being raised on a farm and of the Christian faith. Our family farm in south central Oklahoma is where I was taught hard work‚ compassion‚ management‚ responsibility and hope. My father has stated how it is morally wrong for
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Marine Corps Leadership NonCommissioned Officers are the backbone of the Marine Corps. Each leader is very different from the other. Some Marines enjoy being a corporal only because of the increase in rank and pay. A few become the tactless leaders junior Marines try to avoid. Fortunately‚ many others strive to become the leader that other Marines wish to emulate. They know what it means to be a good leader. Those Marines have the traits of a leader and they get to know their Marines
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Advanced Corporate Finance‚ March 2004 1. Weighted average cost of capital for Marriott Corp. The WACC is calculated using the formula: This uses the underlying assumption that the debt-equity ratio for the firm remains constant. In Marriott’s case the corporation’s target leverage ratio based on interest coverage target is set at 60% as taken from Table A. The WACC for the whole firm represents the average cost of capital of the firm’s underlying operating structure. To use this WACC
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Young Marines is drug demand reduction program that teaches kids‚ from ages eight to eighteen‚ the importance of living a healthy lifestyle‚ while also teaching them some of the basics of Marine Corps knowledge and life skills. They also teach about physical fitness‚ self discipline‚ leadership‚ and teamwork skills. I was in this program for six years and retired last year at the rank of Young Marine Staff Sergeant. Macie has been in for almost
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Skill acquisition is the science that underpins movement learning and execution and is more commonly termed motor learning and control (William and Ford‚2009). Skill acquisition is learned in a hierarchical structure which means it progresses in stages. Fitts suggested that there are three stages to learning a skill. The first stage is the Cognitive stage‚ this is the first stage where the activity is introduced and the performer comes to terms with the instructions. Depending on the skills needed
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public offering places a value on your company’s stock and insiders who retain stock may be able to sell their shares or use them as collateral. Going public also creates a type of currency in the form of its stock that the business can use to make acquisitions. In addition‚ the company will likely have access to capital markets for future financing needs. Going public can also be an extremely difficult process‚ especially if the business
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The underground railroad was a network of northerners that helped slaves reached the north and Canada for safety from their plantation. It was secret and railway terms were used to describe system as a way to hide the real nature of the operation. The underground railroad extended from Maine to Nebraska but was most concentrated in Pennsylvania‚ Ohio‚ Indian‚ New York‚ and The New England States. More of the more specific spots were Detroit‚ Michigan‚ Erie‚ Pennsylvania‚ Buffalo and New York.
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Regenerative Braking Regenerative braking is used on automobiles to recoup some of the energy that is lost while the vehicle is stopping. This technology is used on hybrid vehicles that use both gas and electricity as sources of power. The energy that is recouped during braking is saved in a storage battery and used later to power the motor whenever the vehicle is using its electric power source. Conventional Braking Systems In braking systems on conventional vehicles‚ friction is used to counteract
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